Exits

On Monday night, Ecotality Inc. filed for bankruptcy protection in the US bankruptcy court in Phoenix and said it would auction its assets.

The IPO of Twitter would determine if the microblogging site is Groupon, a bust or Google, a success.

The largest phone company in the United States, AT&T Inc would reportedly sell its wireless towers that would fetch around USD5 billion.

Checkers Drive-In Restaurants Inc has been the latest restaurant chain that was purportedly preparing itself to go public.

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The 'grey market' is a good gauge of the market's interest in an IPO and Twitter is gaining 'high interest'.

The Children's Investment Fund proposed to the European Aeronautic, Defence & Space Co to distribute its Dassault Aviaton stake to its shareholders.

A settlement was reached between a consortium of banks and liquidators over the current legal dispute over the collapse of the Bell Group of Australia.

Clean Harbors, a Massachusetts-based environmental services company, acquired Evergreen Oil in a USD60 million deal.

In an interview with Reuters, Maurel & Prom CEO Jean-Francois Henin said his company was mulling a secondary listing in London.

Sharp planned to issue 450 million new shares in a USD 1.7 billion fundraising plan. Sources told Reuters that Sharp Corp would be issuing 450 million new shares to raise funds.

The British goverment said in a statement today that through UK Financial Investments Ltd, it has sold its 6% of its issuing stock in Lloyds Banking Group Plc for GBP3.2 billion.

Schaeffler AG said in a statement that the sale of its combined 4% stake in Continental AG with holding company Schaeffler Verwaltungs GmbH would be used to repay borrowings made to takeover Continental.

Soros and Golmand Sachs-backed Essent Group Ltd. filed for an initial public offering yesterday valued USD287.5 million.

Britain announced that it would sell its stake in Lloyds Banking Group priced at least GBP0.50 a share.